Publicly traded company Triumph Financial has acquired US-based AI startup Greenscreens.ai in a deal worth $160 million — $140 million in cash and an additional $20 million in TFIN shares. The transaction is expected to close in Q2 2025.

• Founded in 2020, Greenscreens.ai develops dynamic pricing technology for the logistics industry. It is a portfolio company of Ukrainian venture fund Flyer One Ventures (F1V), which invested in the startup in February 2022 as part of a seed round led by Tiger Global.
• According to F1V General Partner Vitaliy Laptenok, the acquisition represents a major exit. While the startup’s most recent valuation has not been disclosed, in November 2022, Greenscreens.ai raised a $5 million Series A round, also led by Tiger Global.
• The Series A round was announced just 10 months after the startup’s seed round, during which Greenscreens.ai saw its annual recurring revenue (ARR) grow by over 500% and rapidly expanded its client base to 70 companies. Notable customers include major transportation firms such as Yellow Logistics (YRC), GLS US, Gampac/U.S. Foods, Primo Logistics, Giltner Logistics, and R2 Logistics.
• Triumph Financial stated that acquiring Greenscreens.ai aligns with its strategy of transforming data into actionable insights for the freight industry. The startup’s technology will enhance Triumph Financial’s pricing capabilities in the sector.
• Listed on Nasdaq under the ticker TFIN, Triumph Financial, Inc. is a financial holding company specialising in payments, factoring, banking, and intelligence solutions. Headquartered in Dallas, Texas, its portfolio includes TriumphPay, Triumph, TBK Bank, and LoadPay.